Affordable Rent Sample Clauses

Affordable Rent. 2.1 During the Affordability Period, the Proponent shall not charge rent for a Unit in the Project in excess of the affordable rent permitted under this Schedule “D” nor increase any rent charged for a Unit except as permitted in this Schedule “D”.
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Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the lesser of: HOME Program requirements or, Health & Safety Code Section 50053. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:
Affordable Rent. 2.1 During the Affordability Period, the Proponent shall not charge rent for a Unit in the Supportive Housing Project in excess of the affordable rent permitted under this Appendix “A” nor increase any rent charged for a Unit except as permitted in this Appendix “A”.
Affordable Rent. The maximum Monthly Rent chargeable to income eligible households shall be annually determined by the City and Authority in accordance with the HOME Program requirements and California Housing and Community Development (HCD) requirements. The maximum rent that the Developer may change any household occupying an affordable unit shall meet the following requirements:
Affordable Rent. Affordable Rent shall be charged for all Housing Units throughout the Affordability Period. The maximum Affordable Rent chargeable for the Housing Units shall be annually determined by Authority (and as charged and implemented by Developer) in accordance with the following requirements:
Affordable Rent. 8.3.2.1 The maximum Affordable Rent chargeable for the Housing Units shall be annually determined by Landlord (and as charged and implemented by Tenant) in accordance with the following requirements:
Affordable Rent. The maximum Monthly Rent chargeable for the Affordable Units shall be annually determined by the City and Agency in accordance with the HOME Program requirements, Community Redevelopment Law requirements, and the following requirements
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Affordable Rent. The maximum Monthly Rent chargeable for the Affordable Units shall be annually determined by the City in accordance with the following “Affordable Rent” requirements. The Affordable Units will be rented to Lower Income Households at maximum HOME Rent limits defined under 24 CFR 92.252 as the lesser of (a) the fair market rent for comparable housing units in the area as determined by HUD under 24 CFR 888.111, or (b) a rent that does not exceed thirty percent (30%) of sixty-five percent (65%) of the median income for the area, as determined by HUD, with adjustments for number of bedrooms in the Unit, less the monthly allowance for utilities and services to be paid by each tenant (“Affordable Rent”). Notwithstanding the foregoing, however, if after the tenant's initial occupancy of the Unit, the tenant's income increases to a level greater than maximum income for Lower Income Households, adjusted for family size, the rent charged by Owner shall not exceed the fair market rent for comparable housing units in the area as determined by the City.
Affordable Rent. If the Jurisdiction’s Housing Rehabilitation Program provides for rehabilitating rental properties, the Jurisdiction must submit to the Department its provisions for assuring affordable rent for the LMI occupants. Jurisdiction may include this information as part of the Housing Rehabilitation Program Guidelines.
Affordable Rent. During the Affordability Period, the Proponent shall not charge rent for a Unit in the Project in excess of the affordable rent permitted under this Schedule “G” nor increase any rent charged for a Unit except as permitted in this Schedule “G”.
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